PRE-MARKET CHINESE STOCKS NEWS: US is reportedly considering 7.5% tariffs targeting Chinese overcapacity

China Railway Signal & Communication (3969 HK) - Co. H1 (CNY) net fell 12% Y/Y to 1.47bln, rev. fell 4.1% Y/Y to 14.1bln. (Newswires) Guangzhou R&F Properties (2777 HK) - Co. expects H1 (CNY) net loss of 5.0–5.5bln (prev. loss 4.08bln Y/Y). (Newswires) Kaisa Group Holdings (1638 HK) - Co. expects H1 (CNY) net loss of 9.5bln (prev. loss 10bln Y/Y). (Newswires) Luxshare Precision Industry (002475 CH) - Co. expects 9M (CNY) net to rise 15–25% Y/Y to 13.25–14.40bln as its consumer-electronics business continues to benefit from AI-device trends. (Dow Jones Newsplus) NagaCorp (3918 HK) - Co. H1 (USD) net fell 3.4% Y/Y to 144mln, rev. fell 8.5% Y/Y to 313mln, gross gaming rev. fell 8.4% Y/Y to 304mln. (Newswires) West China Cement (2233 HK) - Co. H1 (CNY) net 378.8mln (prelim. 374–412mln), rev. 4.53bln (exp. 4.3bln). (Newswires) WuXi XDC (2268 HK) - Co. H1 (CNY) adjusted net rose 37.7% Y/Y to 1.03bln, rev. 3.70bln (exp. 3.67bln). (Newswires) Xiaomi (1810 HK) - Co. will reportedly release its 18 Fold and 16 Pro smartphone series in September. (Newswires) XPENG (9868 HK) - Co. Q2 2026 (CNY) revenue rose 8.0% Y/Y to 19.74bln, vehicle sales rose 1.0% Y/Y to 17.05bln. (Newswires) PDD Holdings (PDD US) - Temu parent PDD Q2 2026 (CNY) net fell 12% Y/Y to 27.2bln, rev. rose 8% Y/Y to 112.4bln, transaction-services rev. rose 13% Y/Y to 54.7bln and online-marketing services and other rev. rose 3.4% Y/Y to 57.6bln. (Newswires) Other News US is reportedly considering 7.5% tariffs targeting Chinese overcapacity ahead of the Trump-Xi talks. (Newswires) China is reportedly willing to strengthen cooperation with the US and properly manage differences. (Newswires)